Sage Group, the FTSE-100 software provider, is braced for an investor backlash after proposing big increases to new executives' potential pay packages. Sky News has learnt that Institutional Shareholder Services (ISS), one of the world's leading proxy advisers, has recommended to Sage shareholders that they oppose the company's new remuneration policy at its annual meeting
There's a chart that's been doing the rounds in recent weeks - American businessman Marc Andreessen tweeted it, and then it was reposted by Donald Trump himself. The chart is pretty simple: it shows the proportion of American federal government revenues coming from tariffs, going all the way back to the early days of American
Rachel Reeves risks entering an economic "doom loop" if she continues to cut spending, a former Bank of England chief economist has warned. Andy Haldane, who was with the Bank for 32 years until 2021, said the Office for Budget Responsibility's (OBR) forecast in March could lead to less investment and spending. He told Sky
Netflix is raising prices for some subscribers as it reported 18.9 million new customers in the last three months of 2024. Prices will rise for users in the United States, Canada, Portugal and Argentina. Netflix has not confirmed if the UK will see any similar price increases. In the United States a standard monthly plan
The Treasury borrowed more than expected last month to record the highest December sum for four years, official figures have shown, with higher debt interest payments adding to the bill. The Office for National Statistics (ONS) reported a net borrowing figure for December of £17.8bn when a sum just above £14bn had been expected by
Donald Trump has attempted to negotiate a potential TikTok sale on live television, in what was supposed to be an announcement about investment in artificial intelligence (AI) infrastructure. The US president was holding a news conference about a $500bn (£405bn) investment in AI infrastructure in the country, but was questioned about a range of topics.
Donald Trump likes to discomfort his enemies. Not to mention his friends, his partners, business adversaries, celebrity critics, anyone, in fact, who could end up on the other side of a deal. As president of the world's largest economy, that makes for a long list, many of them in Davos on Tuesday trying to make
It is no surprise to see a government that claims to be committed to making economic growth a priority giving the green light to expansion of Gatwick Airport and Luton Airport. Nor, for that matter, would it be a surprise for a third runway at Heathrow Airport to be given the go-ahead by Sir Keir
River Island, the privately owned fashion retailer, is preparing to exert a tighter grip on its cost base as the high street faces the prospect of swingeing tax hikes in April. Sky News understands that River Island, which is owned by the Lewis family, has drafted in AlixPartners to work on a cost reduction and
The chair of the UK's competition regulator has been removed from his role by the government, amid its push for growth. Marcus Bokkerink, the head of the Competition and Markets Authority (CMA), has been removed from his post by the business secretary. Chancellor Rachel Reeves met with regulators last week to impress upon them the